New Palermo Premium Outlet One Step Closer To Overdue Opening

Patrick Archer arts & entertainment, ba government, buenos aires events, lifestyle, real estate, tourism

A high-profile commercial real estate development in Palermo just moved one step closer to clearing an environmental hurdle which has postponed the project’s grand opening since last December. The City of Buenos Aires’ Environmental Protection Agency met yesterday to review the environmental impact study of the new Distrito Arcos, a US$60 million outdoor shopping and dining complex nestled between Palermo …

Distrito Acros Premium Outlet Opens Next Month In Palermo

Patrick Archer buenos aires events, foreign investment, lifestyle, real estate, tourism

Exactly two years after it was officially announced, construction of Buenos Aires’ newest shopping center is back on track and scheduled to open next month in Palermo. Distrito Arcos is a US$60 million indoor/outdoor shopping center and entertainment complex that is transforming a prime stretch of Palermo real estate bordered by Santa Fe, Juan B. Justo, Godoy Cruz and Paraguay. The property sat dormant …

Retail Outlet Boom & Barrio Branding Bust In Villa Crespo

Patrick Archer aruba, buenos aires events, foreign investment, lifestyle, real estate, tourism

The retail outlet boom which started five years ago in Villa Crespo continues to gain support from retailers and bargain hunters, but a neighborhood rebranding initiative should probably be tossed in the damaged goods pile. A new report from Colliers International shows the number of retail outlets in Villa Crespo has grown to 172. Of those, 153 are currently occupied …

Arcos del Gourmet Will Bring Open Air Shopping to Palermo

Patrick Archer ba government, buenos aires events, lifestyle, real estate, tourism

A marathon session of negotiations between city and federal officials in Buenos Aires resulted in eleven major residential, commercial and mixed-use projects receiving legislative approval to commence auction, destruction, construction or in one bizarre case permission to continue construction…legally. The strange case is a massive new shopping/dining complex being built on a highly coveted, yet long abandoned, strip of real estate separating Palermo …

80% of Brazilians Choose Argentina for Shopping, Culture & Nightlife

Patrick Archer foreign investment, tourism

We have charted the rapid rise of the Brazilian economy and the corresponding surge in Brazilian tourists in Argentina over the past few years. When the news broke that Brazilians were spending over US$2 billion a month on foreign travel, the Brazilian Central Bank said the combination of economic growth and a strong real were the primary catalysts. While Brazilians only accounted for …